GUANGDONG KELON<0921> - Results Announcement

Guangdong Kelon Electrical Holdings Company Limited announced on 
28/1/2000:
(stock code: 921)
Year end date: 31/12/1999
Currency: RMB                                               (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/1999    from 1/1/1998
                                           to 31/12/1999    to 31/12/1998
                                           ('000)           ('000)
Turnover
    - Continuing                         : 5,621,644        3,813,189
    - Discontinued                       : -                -
Operating Profit/(Loss)
    - Continuing                         : 677,364          706,797
    - Discontinued                       : -                -
Total Operating Profit/(Loss)            : 677,364          706,797
Share of Profit/(Loss) of
  Associated Companies                   : -                (15,175)
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax
  & MI                                   : 628,121          592,938
% Change over Last Period                : +5.90%
EPS/(LPS)-Basic                          : RMB67 cents      RMB67 cents
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 628,121          592,938
Final Dividend per Share                 : RMB0.214         RMB0.214
                                           (HK$0.2)         (HK$0.2)
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 8/3/2000 to 7/4/2000 bdi.
Payable Date                             : on or before 30/6/2000
B/C Dates for Annual General Meeting     : 8/3/2000 to 7/4/2000 bdi.
Other Distribution for Current Period    : -           
B/C Dates for Other Distribution         : -           

For more details, please refer to the press announcement today.